Machine Learning (ML) “…explores the construction and study of learning algorithms.” Furthermore, Machine Learning: “…is about building programs with adaptable parameters that automatically adjust based on the data the programs receive. By adapting to previously seen data, the programs are able to improve their behavior. They also generalize data, meaning that the programs can perform […]
What Is Master Data Management (MDM)?
According to the Data Management Body of Knowledge (DMBOK), Master Data Management (MDM) “entails control over Master Data values and identifiers that enable consistent use, across systems, of the most accurate and timely data about essential business entities.” According to the Beginners Guide to Master Data Management (MDM): “Underpinning MDM is the need for an […]
What Is Metadata?
Metadata is information about the data collected. According to the Data Management Body of Knowledge (DMBoK), metadata “includes information about technical and business processes, data rules and constraints, and logical and physical data structures.” Think of it as a wrapper around data that describes it, like how packaging tells what food is in a box or […]
What Is Ontology?
Ontology is often considered a subset of taxonomy. An ontology: Is a domain; contains more information about the behavior of entities and the relationships between them; includes formal names, definitions and attributes of entities; and, may be constructed using OWL, the Ontology Web Language from the W3C. Other Definitions of Ontology Include: “A data model […]
What Is Taxonomy?
Taxonomy represents the formal structure of classes or types of objects within a domain. It organizes knowledge by using a controlled vocabulary to make it easier to find related information. A taxonomy must: Follow a hierarchic format and provides names for each object in relation to other objects. May also capture the membership properties of […]